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Nov 8, 2012
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. >> woodruff: what to do about the fiscal cliff, healthcare and immigration? we explore the challenges ahead in the next four years. >> ifill: and back with us again, for analysis, are mark shields and david brooks. >> woodruff: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contribuionto yr ps stion om viewers like you. thank you. >> woodruff: for the first time in four years, president obama did not have to worry about re-election today. still, there was little time to savor tuesday's victory, in the face of a potential fiscal crisis at the end of the year. "newshour" correspondent kwame holman begins our coverage on this day after the election of 2012. >> reporter: mr. obama departed his hometown of chicago this afternoon for washington, his home for another four years. waitin
. >> woodruff: what to do about the fiscal cliff, healthcare and immigration? we explore the challenges ahead in the next four years. >> ifill: and back with us again, for analysis, are mark shields and david brooks. >> woodruff: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and with the ongoing support of these institutions and...
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Nov 17, 2012
11/12
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the fiscal cliff. the minute the election ended we swiv eled and said okay so, what about that fiscal cliff. where were the questions about the fiscal cliff during the campaign? i will find my own bright rays of hope because i think the voters are right in their assessment of this campaign. if anything they might be too charitable. the first is that i think every campaign picks up where the last one left off and makes up in some ways for the failings of it. so i think we will see from voters and from us the underperforming press, a demand for substance, from candidates those speeches that we all revel in. and also i think that the one place i do disagree with the voters is that i see a little bit more hope for compromise in the aftermath of the election than they do. you can see it and we'll get to that in some of our later discussions, and some of the rhetoric of republicans after the campaign. because what they took away and what i think both sides took away from the campaign was hearing the voters o
the fiscal cliff. the minute the election ended we swiv eled and said okay so, what about that fiscal cliff. where were the questions about the fiscal cliff during the campaign? i will find my own bright rays of hope because i think the voters are right in their assessment of this campaign. if anything they might be too charitable. the first is that i think every campaign picks up where the last one left off and makes up in some ways for the failings of it. so i think we will see from voters...
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Dec 8, 2012
12/12
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i think if we do go off the cliff and recession, i think the fiscal cliff is completely unpredic unpredict-- predictable, especially with a fragile economy, the wall street and the corporate economists are deeply scared about it. that recession really would, you know, wreck his term because we would be obsessed with that for the next couple of years. and so i don't think it's a total walk for him but he clearly has the upper hand. and then there is just the sheer fact of the numbers. say they reach a compromise. i think the republicans are likely to cave on the rate and you close a few deductions. >> do you think they will. >> i do. >> because they are saying they are not going to cave. >> there is going to be no deal on that. they are to the going to go into january, as mark said, and say to the country, hey, we're going to raise your taxes but we have to serve the rich people. they're just not going to do that with the polls, so they're going to cave. they will not get up to 39% but they could get to 37. so say you get to 1.2 trillion in revenue. you still need spending cuts so the presi
i think if we do go off the cliff and recession, i think the fiscal cliff is completely unpredic unpredict-- predictable, especially with a fragile economy, the wall street and the corporate economists are deeply scared about it. that recession really would, you know, wreck his term because we would be obsessed with that for the next couple of years. and so i don't think it's a total walk for him but he clearly has the upper hand. and then there is just the sheer fact of the numbers. say they...
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Dec 7, 2012
12/12
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but there was no outward sign of movement toward a fiscal cliff agreement. and egypt's president morsi insisted he would not let protesters overthrow his regime, after a night of violence that saw seven killed and hundreds injured. online we mark the passing of a great modernist architect. hari sreenivasan tells us more. >> sreenivasan: brazilian oscar niemeyer's buildings had a simple yet bold style. his designs left a mark on cities and architects worldwide. he died yesterday at the age of 104. we have a slideshow of his works in the capitol, brasilia and elsewhere. plus, paul solman takes viewers' questions about the pitfalls of investing in bonds. he explains in making sense. site newshour.pbs.org. >> brown: and that's the newshour for tonight. i'm jeffrey brown. >> woodruff: and i'm judy woodruff. we'll see you online. and again here tomorrow evening with mark shields and david brooks among others. thank you and good night. major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and...
but there was no outward sign of movement toward a fiscal cliff agreement. and egypt's president morsi insisted he would not let protesters overthrow his regime, after a night of violence that saw seven killed and hundreds injured. online we mark the passing of a great modernist architect. hari sreenivasan tells us more. >> sreenivasan: brazilian oscar niemeyer's buildings had a simple yet bold style. his designs left a mark on cities and architects worldwide. he died yesterday at the age...
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Dec 6, 2012
12/12
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the standoff over the fiscal cliff. kwame holman updates the state of the negotiations and we talk with tennessee republican senator bob corker. >> ifill: jeffrey brown examines new concerns over syria's chemical weapons capability and what, if anything, the u.s. can do about it. >> woodruff: from florida, hari sreenivasan has the story of endangered coral reefs. many of them dying because ocean temperatures are rising and the waters are more acidic. >> i remember seeing fields of elk horn coral that you couldn't see through it and you couldn't see beyond it and those same areas are dead you know 99% dead. ♪ >> ifill: and we close with a remembrance of jazz great dave brubeck who died today, one day shy of his 92nd birthday. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs stati
the standoff over the fiscal cliff. kwame holman updates the state of the negotiations and we talk with tennessee republican senator bob corker. >> ifill: jeffrey brown examines new concerns over syria's chemical weapons capability and what, if anything, the u.s. can do about it. >> woodruff: from florida, hari sreenivasan has the story of endangered coral reefs. many of them dying because ocean temperatures are rising and the waters are more acidic. >> i remember seeing...
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Aug 23, 2012
08/12
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the congressional budget office said going over the so-called fiscal cliff could have dire consequences. unless congress acts by the end of the year, americans can expect more than $300 billion in tax increases as bush-era tax cuts expire. and nearly $200 billion in across-the-board spending cuts congress agreed to last year in exchange for raising the debt ceiling. the c.b.o. said those changes would reduce the deficit substantially. but the economy would also shrink by nearly 3% during the first half of the year and unemployment could top 9%. we look more closely at this now, with maya macguineas, president of the committee for a responsible federal budget. and alice rivlin, a founding director of the c.b.o. she's now with the brookings institution. welcome to you both. alice rivlin, what's the most important thing pushing us toward this cliff, this rhetorical but real cliff? >> well, the most important thing pushing us is that congress enact these cuts in spending, and the lapse in the tax cuts, and they will take place unless the congress gets itself together to do something about i
the congressional budget office said going over the so-called fiscal cliff could have dire consequences. unless congress acts by the end of the year, americans can expect more than $300 billion in tax increases as bush-era tax cuts expire. and nearly $200 billion in across-the-board spending cuts congress agreed to last year in exchange for raising the debt ceiling. the c.b.o. said those changes would reduce the deficit substantially. but the economy would also shrink by nearly 3% during the...
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Nov 9, 2012
11/12
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and let me just start by saying, why is the fiscal cliff of such concern to you? i mean, do you -- what's the threat here? >> well, i think the big threat, judy, is that if we go off if fiscal cliff we will see negative g.d.p. in the first quarter. and when you get into a recession, american business, rldwe business, bins to make plans on how to reduce its operating costs. and that ultimately results in fewer jobs. so fewer jobs coupled with a negative g.d.p. ultimately put the economy in the wrong direction. and that's not good for anyone. >> woodruff: at the same time, i'm sure you know there's a body of thought out there that says some of the concern about the fiscal cliff is exaggerated. even if it didn't happen by january 1 that there would still be time to get things worked out that in other words this timetable is not so urgent, really. >> well, i think that's misplaced. american businesses are already planning for 2013. we take our operating budget to our board on november 29 and we're already gaining our investments and pulling back unemployment until we
and let me just start by saying, why is the fiscal cliff of such concern to you? i mean, do you -- what's the threat here? >> well, i think the big threat, judy, is that if we go off if fiscal cliff we will see negative g.d.p. in the first quarter. and when you get into a recession, american business, rldwe business, bins to make plans on how to reduce its operating costs. and that ultimately results in fewer jobs. so fewer jobs coupled with a negative g.d.p. ultimately put the economy in...
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Dec 28, 2012
12/12
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they're very aware of what's going on on the fiscal cliff. they're very aware of what a budget resolution is and you see that pressure applied to both republicans and democrats. >> warner: quietly. >> well, we're not a protest movement anymore. we're something else. we're going to be seating candidates, recruiting candidates in the next cycle and that's a level of sophistication we didn't have in 2009. >> warner: will the tea party exact retribution on republicans who do vote for any compromise that includes any tax increases? >> i think -- i can just speak for freedom works. i think we look at the entire two year cycle of a representative's voting records and it's not just about one thing. what we'd really like to see is not just a debate about taxes but how about spending? how about doing something to balance the budget? all of these things matter if we get the burden off of the economy and see growth again. >> warner: i think most of you would agree on that that it needs a wholistic view but new the meantime, if a member of congress wanted
they're very aware of what's going on on the fiscal cliff. they're very aware of what a budget resolution is and you see that pressure applied to both republicans and democrats. >> warner: quietly. >> well, we're not a protest movement anymore. we're something else. we're going to be seating candidates, recruiting candidates in the next cycle and that's a level of sophistication we didn't have in 2009. >> warner: will the tea party exact retribution on republicans who do vote...
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Nov 27, 2012
11/12
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whereas businesses are not, and businesses tend to be more worried about things like the fiscal cliff, they're more worried about the troubles in europe, they're more worried about the slowdown in china. you do have the disconnect. the big concern is which way is it going to go? who is going to win this tug-of-war? so far it's the consumer but let's hope it's not the other direction because as i said, let's hope that the businesses will eventually come around to thinking about things the way consumers are. . >> brown: nancy cohen, i want to come back to you on the question of online shopping and the changed landscape. does the rise of online shopping have a real impact on the economy or is it sort of shifting, transferring, where people buy their things? >> well, that's a very open question, partly because this is so new. the marriage and the magic of online plus brickes and mortar. i mean, there's no question people are visiting online web sites more often than they do stores. whether that adds up to incremental organic growth is a question we just don't know. remember, we're startin
whereas businesses are not, and businesses tend to be more worried about things like the fiscal cliff, they're more worried about the troubles in europe, they're more worried about the slowdown in china. you do have the disconnect. the big concern is which way is it going to go? who is going to win this tug-of-war? so far it's the consumer but let's hope it's not the other direction because as i said, let's hope that the businesses will eventually come around to thinking about things the way...
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Dec 18, 2012
12/12
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president obama and house speaker john boehner met at the white house, with the fiscal cliff deadline two weeks away. it followed reports that boehner has now offered to raise tax rates on those making a million dollars a year. the democrat of hawaii died of respiratory complications in washington. he was 88 years old and the u.s. senate's longest serving member. our coverage of this story continues online, with more advice on how to talk to children. kwame holman explains. >> holman: we have tips on coping from a professor of school psychology and parent of two children, stephen brock. get ankery look at our coming story. a special correspondent profiles an indian politician who is both loved and loathed. all that and more is on our web site, newshour.pbs.org. >> ifill: and to a different kind of honor roll tonight, of those killed in newtown, connecticut, on friday morning. as we've reported, there were 20 first-graders and six women in the school, plus the mother of the shooter, who lost their lives. here, in silence, are the names of the 27 victims. 25 photographs were available.
president obama and house speaker john boehner met at the white house, with the fiscal cliff deadline two weeks away. it followed reports that boehner has now offered to raise tax rates on those making a million dollars a year. the democrat of hawaii died of respiratory complications in washington. he was 88 years old and the u.s. senate's longest serving member. our coverage of this story continues online, with more advice on how to talk to children. kwame holman explains. >> holman: we...
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Dec 22, 2012
12/12
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and congress went home for the christmas holiday with no fiscal cliff agreement in sight. online, we look at some of the most popular new words of the year, according to one popular lexicon. hari sreenivasan tells us more. >> sreenivasan: what are the buzzwords of 2012? and do you know what they mean? quiz yourself on the most popular new vernacular from urban dictionary. we kept our political analysts busy this year. watch a compilation of highlights from our doubleheader conversations, on the sport of politics and politics of sports, with mark shields and david brooks. and in a follow-up to yesterday's "making sense" story, paul solman pushes author james livingston on his view that spending is better than private investment. all that and more is on our web site, newshour.pbs.org. judy. >> woodruff: and that's the newshour for tonight. on monday, we'll have the latest on the connecticut shootings. before we go, we want to remind you about the special pbs broadcast tonight, "after newtown". the program will explore gun availability, mental health, and other issues which h
and congress went home for the christmas holiday with no fiscal cliff agreement in sight. online, we look at some of the most popular new words of the year, according to one popular lexicon. hari sreenivasan tells us more. >> sreenivasan: what are the buzzwords of 2012? and do you know what they mean? quiz yourself on the most popular new vernacular from urban dictionary. we kept our political analysts busy this year. watch a compilation of highlights from our doubleheader conversations,...
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Dec 4, 2012
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. >> with 28 days left to come to a deal on the nation's fiscal cliff, the white house is holding firm on its proposal to raise taxes on the wealthy. spokesman jay carney. >> the obstacle remains at this point the refusal to acknowledge by republican leaders that there is no deal that achieves the kind of balance that is necessary without raising rates on the top 2% wealthiest americans. the math simply does not add up. >> ifill: the white house proposes raising $1.6 trillion in taxes over ten years, imposing higher rates on those making more than $250,000 a year. in a letter sent to the white house today, speaker of the house john boehner rejected the president's approach, writing that republicans cannot in good conscience agree to this approach which is neither balanced nor realistic. his counter-offer, save $2.2 trillion by among other things raising $800 billion in new revenues. the plan would also raise the future eligibility age for medicare and alter medicaid to save another $600 billion. the republican plan would not increase tax rates for the wealthy. the president is campaign
. >> with 28 days left to come to a deal on the nation's fiscal cliff, the white house is holding firm on its proposal to raise taxes on the wealthy. spokesman jay carney. >> the obstacle remains at this point the refusal to acknowledge by republican leaders that there is no deal that achieves the kind of balance that is necessary without raising rates on the top 2% wealthiest americans. the math simply does not add up. >> ifill: the white house proposes raising $1.6 trillion...
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Nov 10, 2012
11/12
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the members of our majority understand how important it is to avert the fiscal cliff. that's why the house took action earlier this year to replace the sequester with other types of cuts, and it's also why, over the summer, we passed a bill to extend all of the current tax rates for one year so that we had time to overhaul our tax code. and it's why i outlined a responsible path forward where we can replace the spending cuts and extend the current rates, paving the way for entitlement reform as well as tax reform with lower rates. 2013 should be the year we begin to solve our debt through tax reform and entitlement reform. and i'm proposing that we avert the fiscal cliff together in a manner that ensures that 2013 is finally the year that our government comes to grips with the major problems that are facing us. this will bring jobs home, result in a stronger, healthier economy, and a stronger, healthier economy means more americans working and more revenues, which is what the president is seeking. this framework can lead to common ground, and i hope the president will
the members of our majority understand how important it is to avert the fiscal cliff. that's why the house took action earlier this year to replace the sequester with other types of cuts, and it's also why, over the summer, we passed a bill to extend all of the current tax rates for one year so that we had time to overhaul our tax code. and it's why i outlined a responsible path forward where we can replace the spending cuts and extend the current rates, paving the way for entitlement reform as...
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Dec 21, 2012
12/12
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we started looking at the fiscal cliff negotiation orsulak thereof how do you see your role? how would you like to position yourself vis-a-vis your own party and the republican party? >> i think when you look at senator conrad and what he's done in the past i'm very much in that vein. kent is clearly a mentor for me so i'm looking at something that puts us on the path for fiscal responsibility. we borrow 40 cents of every dollar we spent in this country. the interest on the debt is our third-largest expenditure and our debt has exceeded our gross domestic product. that is unsustainable and i had to chuckle during that discussion about consumption that you had before this hour because it's a little like that. you cannot consume your way out of this problem. you also have to take a look at legitimate investments yet, but we have to cut budgets, look at the revenue side, we have to do everything we can to put ourselves on the path of fiscal responsibility. if we don't we will fail as a country. >> brown: senator elect from north dakota heidi heitkamp, thanks again for joining us
we started looking at the fiscal cliff negotiation orsulak thereof how do you see your role? how would you like to position yourself vis-a-vis your own party and the republican party? >> i think when you look at senator conrad and what he's done in the past i'm very much in that vein. kent is clearly a mentor for me so i'm looking at something that puts us on the path for fiscal responsibility. we borrow 40 cents of every dollar we spent in this country. the interest on the debt is our...
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Dec 1, 2012
12/12
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but republicans warned that efforts to avoid the fiscal cliff are deadlocked. and thousands of egyptians protested against president morsi's new powers and against a draft constitution pushed through by islamists. what do you get when you cross economic news and surf rock? i have a feeling paul solman is involved. hari sreenivasan gives us the answer. >> sreenivasan: our resident financial bard "merle hazard" re-imagines the fiscal cliff debate as a 1960s-style drag race between party leaders. you can watch his animated music video on paul's "making sense" page. we're introducing a new feature- - feed your science diet with "lunch in the lab," a virtual platter of science news, delivered fresh every monday, wednesday and friday. today's daily special-- the mars rover rumors. and on "need to know" tonight, an encore report about an investigation into alleged abuses by u.s. border patrol officers. all that and more is on our web site, newshour.pbs.org. >> warner: and again to our honor roll of american service personnel killed in the afghanistan conflict. we add
but republicans warned that efforts to avoid the fiscal cliff are deadlocked. and thousands of egyptians protested against president morsi's new powers and against a draft constitution pushed through by islamists. what do you get when you cross economic news and surf rock? i have a feeling paul solman is involved. hari sreenivasan gives us the answer. >> sreenivasan: our resident financial bard "merle hazard" re-imagines the fiscal cliff debate as a 1960s-style drag race between...